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Bank of Tianjin Issues RMB7 Billion Financial Bonds to Boost Growth

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Bank of Tianjin Issues RMB7 Billion Financial Bonds to Boost Growth

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Bank of Tianjin Co., Ltd. Class H ( (HK:1578) ) has provided an update.

Bank of Tianjin Co., Ltd. has successfully issued RMB7.0 billion in three-year fixed-rate financial bonds with a coupon rate of 1.78% in the National Inter-bank Bond Market. The proceeds from this issuance will be used to optimize the bank’s liability structure, replenish working capital, and promote steady business development, thereby enhancing its operational stability and growth prospects.

More about Bank of Tianjin Co., Ltd. Class H

Bank of Tianjin Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, focusing on financial services. It operates within the banking sector and is involved in the issuance of financial bonds to optimize its liability structure and support business development.

Average Trading Volume: 816,333

Technical Sentiment Signal: Buy

Current Market Cap: HK$15.3B

See more data about 1578 stock on TipRanks’ Stock Analysis page.

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